Walt Disney Co., looking to rein in costs at its Hollywood studio as it focuses on mainstream movies, is slashing staff by 70% at its Miramax Films specialty label and is substantially reducing the number of pictures it releases. The retrenchment, which has been foreshadowed in Disney Chief Executive Robert Iger’s strategy to emphasize family [...]
HOLLYWOOD — When Meg Ryan and Antonio Banderas signed up to star in an independently produced comedy-action movie called “My Mom’s New Boyfriend,” the film’s backers figured they had a slam dunk — a modestly priced film with bankable stars that would surge at the box office. The producers say the $17 million movie scored [...]
MOVIES may be pure entertainment but financing them is serious business, and as movie-making opportunities increase in Singapore and other less-mature markets in Asia, finding the funds to fuel the process will be crucial to the health of the industry. Even as new media emerges on a seemingly daily basis to provide viable alternatives to [...]
NEW YORK — Just two weeks after “10 Items or Less” opens in theaters Friday, it’ll be available for digital download from Clickstar, a company that Morgan Freeman’s production company and Intel have founded to bring small movies to those who live far from boutique cinemas. What’s Freeman doing rethinking Hollywood’s business models? “I’m just [...]